Self-Made Entrepreneurial ICON Gary Vee: Cut Out The DUMB SH*T To Reach The NEXT LEVEL! | Gary Vaynerchuk EP 646 EP

15 Jun 2024 · 7 min

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Podcast Episode Notes: The Daily Motivation

Episode Title

Self-Made Entrepreneurial ICON Gary Vee: Cut Out The DUMB SH*T To Reach The NEXT LEVEL! | Gary Vaynerchuk EP 646 EP

Podcast Description

  • The Daily Motivation Show, hosted by Lewis Howes, focuses on the stories we tell ourselves and their influence on our life paths.
  • The show features insights from experts and offers principles designed to motivate and sustain motivation.

Episode Overview

In this episode, Lewis Howes interviews Gary Vaynerchuk, a renowned entrepreneur, who offers valuable insights on achieving long-term success through meaningful relationships, decision-making, and the importance of legacy.

Key Themes

  • Cutting out negativity:
  • Gary emphasizes the necessity of eliminating relationships and influences that do not add value to our lives.
  • He suggests auditing one's social circle to identify and distance from negative influences.
  • Importance of meaningful relationships:
  • The episode discusses how serendipitous moments and bonding experiences can lead to lifelong friendships and partnerships.
  • Legacy over immediate gratification:
  • Gary argues against the "what's in it for me" mentality, advocating instead for a focus on reputation, authenticity, and impact.
  • Balancing micro and macro results:
  • He highlights the distinction between immediate results (micro) and long-term achievements (macro), stressing the importance of making decisions that favor the latter.

Key Takeaways

  • Audit Your Inner Circle:
  • Regularly evaluate relationships; cut out those that drain energy or hinder growth.
  • Introduce individuals who provide genuine value and support.
  • Value of Human Connection:
  • Emphasizes serendipity in forming deep connections, such as through shared experiences during travel or college.
  • Highlights moments that transform acquaintances into friends.
  • Focus on Legacy:
  • Encourage listeners to prioritize their legacy and the impact they want to leave rather than short-term gains.
  • Gary expresses an obsession with how others perceive him and the reputation he builds.
  • Decision-Making Process:
  • Gary discusses his own decision-making, weighing long-term benefits over immediate results.
  • He illustrates this through personal anecdotes, including discussions about time management and meeting commitments.

Notable Quotes

  • "I genuinely think that people are in the business of thinking what's in it for me, and I only think what's in it for me is my legacy."
  • "If every person who's listening right now started to weed off the friend that is bringing the least value... your life would be a lot better."

Conclusion

The episode encourages listeners to reassess their priorities, eliminate negativity from their lives, focus on building meaningful relationships, and ultimately cultivate a legacy that aligns with their true values.

Additional Actions

  • Follow and Review: Listeners are encouraged to follow the podcast on platforms like Apple Podcasts and Spotify and to leave reviews.
  • Subscribe for More Content: For exclusive content and ad-free episodes, consider subscribing to the greatness plus channel on Apple Podcasts.
  • Join the Greatness Newsletter: Sign up for a newsletter to receive additional inspiration and insights directly.

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End of Notes.

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Transcript

Automatic transcript. May contain errors.

0:00Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

0:11You talk a lot about delayed gratification and there's time and everyone has a lot of time and people are wanting things right now. What do you think, even with that mentality, I know that you would love to get results, bigger results. But what do you think you're going to need to do to step into getting faster results in the micro and the macro? What would take you to the next level quicker? I think what takes everybody to the next level is cutting out dumb. So what, Jack Welch had such a great career. He was so right in like when it was a revolutionary thought of like cut your bottom 10 % of your staff each year.

0:46But it's right. I mean like no question whether in your training, in your business, in your friendships, do you understand that if every person who's listening right now started to weed off the friend that is bringing the least value? And I mean they're a bad influence, they're a bad mojo, they're bad. Like, bad. I mean, they're just negative. They're a negative person, so they're dragging you down. They're selfish. They have bad habits, like a drug addiction or something. If you audit your circle of who you spend time with, if you just spent less time with something that is broken and you added one person that was incredibly valuable, your life would be a lot better.

1:25That's just real. And so I think the thing that I'm not good at, but I will never give it up, so I don't know if it's a strength or weakness, I do a lot of meetings on spec when people ask me to. Some of those pay off long term and some of them you're just like, am I wasting my time? Like, you know, you're like, can I, like, even this was back in the day, like, can I drive you to the cost plus? Right, right. I'm glad I did it. Now we know each other for a long time. Yeah. But, yeah, I mean, I think at this point, no question, my time has become remarkably valuable. and I still do 20 % of my time this year will be highly questionable in somebody who's auditing my life but you know you're gonna have to at some level you gotta accept some of your humanity aspects but I think that that is the thing that would take me to the next level getting even more disciplined on every single thing I do debating every single idea I'll give you a good one this is super funny If Tyler was in a room right now, he would argue that I've made a mistake by being here today for an hour.

2:28Your assistant Tyler? Yeah, yeah. We've got a lot of things going on. I'll break it down. This is going to be interesting for people listening. We had a bunch of new business meetings, new people I could have met and Tyler gave me a list of things. He's like, you can do one of these four things and I did this. I would argue somebody analyzing me would say this is the wrong move, a couple reasons. Number one, the new book, Crushing It, is selling so well that I'm not even trading for speaking or doing podcasts. I'm not, I mean, I almost like really want it to collapse and everybody returns the pre-sales so I get punched in the mouth for being so passive.

2:59This audience that is listening right now has heavy crossover. I've been on the show not too long ago. A lot of people that like you, like me, vice versa. So I get somebody analyzing how do you get better that this was the wrong choice for the hour. I just like you. I just wanted to see you. So like I think, you know, that's a human thing. Like sometimes you just have to do those things. But so that's why I say I won't change what would make me better. But what would make me better is to analyze my time more fruitfully for micro results. But for macro results, friendship, whose funeral are you going to show up to and why?

3:40I think this is the better decision. And so I will always make a macro decision. I will take 100 % of the macro results and only 60 % of the micro results and I think everybody who's listening, man, do I think 99 % of the people are trying to maximize micro. I'm blown away by people literally analyzing like, what's in it for me of this thing? Everybody. It's so awesome for me to watch because I'm like, you've lost. And people do that. I love people getting put on just a little bit and they think they're fancy and they just start valuing. Babin, you're smiling because that's a big thing you've learned, right?

4:15As somebody who really gets to see everything I do in every minute, that's the one, right? This lasts seven, eight minutes. If we can deconstruct this in a meaningful way, it's the one. Like I genuinely think that people are in the business of thinking what's in it for me and I only think what's in it for me is my legacy. I am obsessed with what Nick says behind my back. It's just interesting. I think it's an interesting thing. Says good things about you. Right, and I know how well I know him and he knows how well I know him. We know each other, we're in between that zone of acquaintances and friends.

4:48Aren't you fascinated by the serendipity of something happening that takes an acquaintance to a friend? It's usually predicated on something like a trip or some weird night where like, a dream for me would be to go on a red eye from LA to New York that Nick's on, it gets canceled, and for some reason it's a blizzard and we can't leave the airport. I know in those six hours sitting there, that's where the friendship gets made. Early college is that for a lot of people, right? Remember that first conversation you had? Probably around the first week of October with the kids you just met and you stayed up to four o 'clock and one dude cried.

5:22And forever that night, you're literally still texting kids who are my friends 21 years later off of that October 7th night where two people cried and I'm like, I love you, dude. And you've only known the guy for four weeks but now you're friends forever. Like college, no, listen, college is the biggest racket and every college should go to jail for the debt structure that's created around it. But no question. And that's why I love like whether it's a Soho house or the Summit at Sea thing or South by Southwest, getting people into a place where they have to spend two to three nights together is powerful.

6:07Thank you so much for listening to today's episode of The Daily Motivation, and I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on The School of Greatness. And if you are loving The Daily Motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple podcast right now. And if you want more exclusive content and ad free listening experience, make sure to subscribe to our greatness plus channel on Apple podcast right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.

6:57Again, have an amazing day and I'll see you tomorrow with another episode of the Daily Motivation Show.

From the publisher

Have you listened to the FULL EPISODE yet?

"I genuinely think that people are in the business of thinking what's in it for me, and I only think what's in it for me is my legacy."

In this thought-provoking episode, entrepreneurial titan Gary Vaynerchuk shares his unconventional wisdom on achieving long-term success by prioritizing meaningful relationships and seizing opportunities for transformative experiences. With his signature no-nonsense style, Gary challenges listeners to audit their inner circles, cutting out negative influences and investing in connections that bring true value to their lives. He emphasizes the power of serendipitous moments, like chance encounters during travel or the bonding experiences of college, in forging lifelong friendships and partnerships.

Through personal anecdotes and incisive analysis, Gary reveals his own approach to decision-making, balancing the pursuit of immediate results with the cultivation of a lasting legacy. He urges entrepreneurs to look beyond the "what's in it for me" mentality and focus on building a reputation for generosity, authenticity, and impact. Whether you're a seasoned business leader or just starting out on your journey, this episode will inspire you to reassess your priorities, nurture your most important relationships, and embrace the transformative power of shared experiences. Tune in now and discover how to unlock your full potential by maximizing your macro results!

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